Bitcoin Forum

Economy => Trading Discussion => Topic started by: gaston909 on May 20, 2013, 12:02:39 PM



Title: Instant Payment Gateways - Fiat - BTC
Post by: gaston909 on May 20, 2013, 12:02:39 PM
Hi,

Perhaps I am missing something here so forgive me if this is obvious -

I want to accept payments on my site where everything will be priced in BTC.

I am aware that most of my customers don't even know what a bitcoin is (stay with me)

I cant find anything on any of the payment gateway sites that will enable my customers to either

Pay directly in bitcoin

AND/OR

Pay with paypal, creditcard, anything - and they will convert it directly from nasty fiat into bitcoin and send it to me (for a hefty fee no doubt)

Does this exist, did I miss it somewhere?

Thanks in advance!



Title: Re: Instant Payment Gateways - Fiat - BTC
Post by: gaston909 on May 20, 2013, 03:54:59 PM
I know as a merchant I can do this the other way around.....

Someone must be able to point me to the right place....


Title: Re: Instant Payment Gateways - Fiat - BTC
Post by: gaston909 on May 20, 2013, 06:18:37 PM
I know as a merchant I can do this the other way around.....

Someone must be able to point me to the right place....


Ah... this doesnt exist... the potential weakness of BTC is its non acceptance...

I can pay for my antique stuffed cat when visiting texas using my british pound bank card and it all magically gets converted for a shockingly bad rate and a nasty fee....

But when I want to buy that secret filth I found on the internet in BTC... I have to hunt down the BTC in advance...

This is no good for my granny.

A sad day for me.


Title: Re: Instant Payment Gateways - Fiat - BTC
Post by: Technologov on May 20, 2013, 08:39:04 PM
IMO it doesn't exists, because Bitcoin is very volatile.
One day it's 1 BTC=$260, the other is 1 BTC=$60.

Now, if you hate fiat, you can count in loafs of bread. The ultimate test of value.
One day it's 1 BTC=130 bread, the other is 1 BTC=30 bread.

Problematic, huh ?
IMO: only time where it matters to pay in Bitcoin denomination is if you buy Bitcoin-equivalent: i.e. Bitcoin miner or physical Bitcoin (https://www.casascius.com/).

-Technologov